heh, the reason this is even happening now is that the special tax treatment WBD got at the time WarnerMedia and Discovery merged to make it a tax-free transact

heh, the reason this is even happening now is that the special tax treatment WBD got at the time WarnerMedia and Discovery merged to make it a tax-free transaction for AT&T is expiring, and now they're eligible to apply it again to a new deal Not only does the tax code not discourage consolidation, it actually encourages it